Construction industry says projects dipped by 6.9pc last year compared to 2021

KUALA LUMPUR, April 8 — The Construction Industry Development Board (CIDB) reportedly revealed that the number of construction projects awarded last year dropped by 6.9 per cent...

KUALA LUMPUR, April 8 — The Construction Industry Development Board reportedly revealed that the number of construction projects awarded last year dropped by 6.9 per cent from 13,399 projects in 2021 to 12,474 projects.that last year’s projects were valued at RM140.5 billion in total, an increase from RM129.8 billion in 2021.

He said the value of projects in 2020 was the lowest at RM91.3 billion compared with RM113.4 billion in 2019.

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